Abstract:
Grid modernization efforts are on the rise for many utilities in the US with major investments seen in the distribution networks where conventional visibility and control...Show MoreMetadata
Abstract:
Grid modernization efforts are on the rise for many utilities in the US with major investments seen in the distribution networks where conventional visibility and control has been scarce. Primary drivers for such investments include the increasing energy efficiency of the grid and managing uncertainty seen with rapid adoption of EVs, and solar PV by end users. Integrated Volt-VAr Optimization (IVVO) has been used to achieve energy efficiency objectives in the past by few utilities. Newer technologies such as Secondary VAr Compensators (SVCs) are providing new and cheaper avenues for utilities to enhance the energy efficiency goals in addition to providing distributed visibility and control. Through a pilot project and field testing performed at Xcel Energy in Colorado, this paper quantifies the benefits of SVCs in coordination with IVVO assets in enhancing energy savings (3.3%) and demand reduction (4.2%). The LCoE for an SVC solution is much lower (0.5 - 1 cts/kWh) than conventional approaches for providing social and environmental benefits (reduction in CO2 emissions) in addition to achieving the grid modernization benefits of increasing resilience and reliability of the network.
Date of Conference: 05-08 May 2019
Date Added to IEEE Xplore: 11 October 2019
ISBN Information: